GREATER NEWPORT CHAMBER OF COMMERCE

EIN: 930350614

NEWPORT, OR

Total Revenue
$1,029,054
Total Expenses
$1,011,282
Total Assets
$550,618
Net Assets
$420,900
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
OR
Principal Officer
MELONY HEIM
Phone
5412658801
Tax Period
2023-07-01 to 2024-06-30

GREATER NEWPORT CHAMBER OF COMMERCE, founded in 1948, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE CIVIC, COMMERCIAL, AGRICULTURAL, TOURIST, MARINE AND INDUSTRIAL WELFARE OF THE CITY OF NEWPORT, OREGON AND SURROUNDING COMMUNITIES AND ECONOMIC AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $821,524
Program Service Revenue $35,862
Investment Income $2,933
Other Revenue $168,735
TOTAL REVENUE $1,029,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $358,444
Fundraising Expenses $140,852
Program Expenses $719,289
Other Expenses $652,838
TOTAL EXPENSES $1,011,282

Year-over-Year Comparison

2023 2022 Change
Revenue $1,029,054 $807,568 +0.3%
Expenses $1,011,282 $726,648 +0.4%
Net Income $17,772 $80,920 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
9
Volunteers
312

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$54,797
Total Directors
16
$54,797
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELONY HEIM PRESIDENT 3.00
Officer Director
$0 $0 $0
PAUL SCHUYTEMA 1ST VICE PRE 1.00
Officer Director
$0 $0 $0
MARK MIRANDA SECRETARY 2.00
Officer Director
$0 $0 $0
STEVE LOVAS TREASURER 2.00
Officer Director
$0 $0 $0
KENNETH BISHOP PAST PRESIDE 0.50
Officer Director
$0 $0 $0
AL FITZPATRICK PAST PRES AT 0.50
Officer Director
$0 $0 $0
PAULA BLOEMENDAAL DIRECTOR 0.50
Director
$0 $0 $0
PATTI EISLER DIRECTOR 0.50
Director
$0 $0 $0
LISA KELLENBURGER DIRECTOR 0.50
Director
$0 $0 $0
LAURA KIMBERLY DIRECTOR 0.50
Director
$0 $0 $0
REBECAH LUTZ DIRECTOR 0.50
Director
$0 $0 $0
DONNA MCCREA DIRECTOR 0.50
Director
$0 $0 $0
DANA ORR DIRECTOR 0.50
Director
$0 $0 $0
JESSICA STEENKOLK DIRECTOR 0.50
Director
$0 $0 $0
SHELLY THOMPSON DIRECTOR 0.50
Director
$0 $0 $0
WAYNE PATTERSON EXECUTIVE DI 40.00
Officer Director
$54,797 $0 $54,797
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,029,054 $1,011,282 $550,618 $17,772
2023 $807,568 $726,648 $481,596 $80,920
2022 $427,989 $488,971 $401,766 $-60,982
2021 $403,091 $334,335 $437,255 $68,756
2020 $377,342 $383,945 $367,478 $-6,603
2019 $594,841 $442,115 $388,519 $152,726
2018 $675,521 $607,995 $230,600 $67,526
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